Vjay, Rangarajan :
The first divergence was ok, but a minor one. The second divergence (around 2.30pm) was shouting "buy" because the stochs had stayed in OB for >5 bars, came down, and reverted upwards without entering the OS zone..
PS : This is all 20:20 hindsight, of course. Now I see it, but at the time I too was too unsure to take any trade.
The first divergence was ok, but a minor one. The second divergence (around 2.30pm) was shouting "buy" because the stochs had stayed in OB for >5 bars, came down, and reverted upwards without entering the OS zone..
PS : This is all 20:20 hindsight, of course. Now I see it, but at the time I too was too unsure to take any trade.